data as of
Settings8H · net · $10k
Price arb /

M

all M markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.140%
7d averageif it closes, per $10,000$14funding while held, a day+$15.19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni M1.49210.0100pay 0.0050% / 4h1h 35m$92K$42K
ShortBloFin M-USDT1.49420.0606get 0.0303% / 4h1h 35m$358K$446K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$13.96
Funding while held
$15.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$17.15
Spread needed to break even
0.120%
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 61 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0506%
Per $10,000 a day
+$15.19
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BloFin live order book, 61 min ago2.36 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

M price on every exchange

against the cheapest. Click to use as the short leg.

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTM−1.109%+0.1328%4h$1.4M$4.2M10xas long as short
Gate M_USDT−0.149%+0.0100%8h$2.0M$946K10xas long as short
Aster MUSDT−0.053%+0.0464%4h$16K$121K5xas long as short
Bybit MUSDT−0.001%+0.0100%4h$4.7M$2.5M20xas long as short
Variational Omni Mlong0.000%+0.0100%4h$92K$42K
BingX M-USDT+0.093%+0.0622%4h$2.4Mas long as short
Bitget MUSDT+0.113%+0.0100%4h$1.9M$372K10xas long as short
BloFin M-USDTshort+0.140%+0.0606%4h$358K$446K10x
Binance MUSDT+0.173%+0.0635%4h$5.5M$4.9M10xas long as short
SunX M-USDT+0.193%+0.0100%4h$2K$513K20xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_M_USDC+0.207%+0.0100%4h$2K$21910xas long as short
MEXC M_USDT+0.227%+0.0644%4h$253K$116K50xas long as short